Every time I open a new tab on my Brave browser I'm reminded of how sh*tty the situation in the market really is. When I started using Brave, right around December 2021, my first payout was about 1.50 BAT, which at some point was worth $2. Now I've got over 17 BAT, worth 6 dollars.
Bitcoin is hanging by a thread. Ethereum's thread has snapped and it is now freefalling. Altcoins are doing even worse.
This, of course, is nothing but another phase of the market cycle. Anybody who's been around crypto longer than a year has seen this before. If you've been around for a few years, then you've already seen about a million times.
Peak FOMO, peak price. Peak fear, and the price starts falling and you never know when, or where, or how, it's going to end.
It sucks but there's nothing we can do.
Well, there is something we can do. Here's what I'm doing:
1. having a pint of India Pale Lager
2. listening to MGK's Bloody Valentine
3. buying more Ethereum
But please make it end.
I've crossposted this article on Bitcoinea and LeoFinance.